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HomeMy WebLinkAboutRDA Reso 2007-1980 RDA RESOLUTION NO. 2007-1980 RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGETS FOR THE REDEVELOPMENT AGENCY FOR TOWNE CENTER I AND THE BA YFRONT PROJECT AREAS FOR FISCAL YEAR 2007-2008 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2008 WHEREAS, the Redevelopment Agency of the City of Chula Vista received and considered the City Manager's proposed operating and capital improvement budgets for the Redevelopment Agency for the fiscal year ending June 30, 2008; and WHEREAS, a work session was held to consider and deliberate on the recommendations contained in those initial documents; and WHEREAS, the budgets submitted for adoption represent the City Manager's initial spending plan as amended to reflect changes adopted by the Redevelopment Agency since the proposed budget was printed as well as various additional staff recommendations; and WHEREAS, a public hearing on the budgets was noticed and held as required by law, and all public testimony was received and considered. NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the City of Chula Vista does hereby adopt the Operating and Capital Improvement Budgets for the Towne Center I and the Bayfront project area for Fiscal Year 2007/2008. BE IT FURTHER RESOLVED that the Redevelopment Agency of the City of Chula Vista approve the appropriation of funds for the Towne Center I and the Bayfront Project Areas for the fiscal year ending June 30, 2008 as specified in Exhibit A of City Council Resolution No. 2007-156, which adopted the City ofChula Vista's operating and capital improvement budgets for Fiscal Year 2007/2008. Presented by Approved as to form by ~kG~ Edward Van Eenoo Budget and Analysis Director 1\\)'i <::l~~\~'\{:, '\)..\\ Ann Moore General Counsel Resolution No. 2007-1980 Page 2 PASSED, APPROVED, and ADOPTED by the Redevelopment Agency of the City of Chula Vista, California, this 19th day of June 2007, by the following vote: AYES: Agency Members: McCann, Rindone, and Cox NAYS: Agency Members: Ramirez ABSENT: Agency Members: None ABSTAIN: Agency Members: Castaneda Cheryl cox~f:r ATTEST: AnnlliX~~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA) I, Ann Hix, Secretary of the Chula Vista Redevelopment Agency, do hereby certify that the foregoing RDA Resolution No. 2007-1980 was duly passed, approved, and adopted by the Redevelopment Agency at a meeting held on the 19th day of June 2007. Executed this 19th day of June 2007. tJ2 A";llix,~i{/